16 Lisa Lane
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | In contract | - | |
| In contract | |||
| Oct 19, 2023 | Listed by Advisors Living - Merrimac | $899,000 | |
| Listed by Advisors Living - Merrimac | |||
| Apr 17, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2016 | Listed by Buyers Choice Realty | $12,000 | |
| Listed by Buyers Choice Realty | |||
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This sale is for 50% undivided interest in an approximate 20-acre lot. Three people have shared ownership of this 20-acre parcel, this sale is for one of the owners with 50% ownership. Other 2 owners each have 1/4 interest. The lot would need to be partitioned in order to own your private 10 acres (i.e. 50% of 20 acres). Buyer to determine if buildable. Partially located in floodplain. No frontage on public road. Land is sold as is. Seller and broker make no representations whatsoever about condition and potential use of land.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017